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Boeing Co (NYSE: BA) announced Thursday afternoon it will take a $4.9 billion charge in second-quarter results as part of "considerations to customers for disruptions" related to the grounding of its 737 Max. Despite what appears to be a negative headline, several Street analysts...

A decade removed from the financial crisis, the Motor City is reclaiming its position as one of America's urban centers. Among Detroit's class of business-savvy entrepreneurs and innovators is Bruce Schwartz, former CEO of In-House Realty and current "Ambassador of Detroit" for...

Hilton Hotels Corporation (NYSE: HLT) and RLJ Lodging Trust (NYSE: RLJ) have been hit with downgrades. The Analyst  SunTrust analyst C. Patrick Scholes downgraded Hilton from Buy to Hold and maintained a $101 price target. The analyst downgraded RLJ Lodging from Hold to Sell and lowered his...

Bird Scooter's chief product officer (CPO) shot back at skeptics this past week in a Linkedin post aimed at reassuring investors as the company tries to raise money amid mounting concerns about the viability of the micro-mobility business model. "I rarely write about Bird's business performance,...

Shares of Boeing Co (NYSE: BA) were trading lower Monday amid reports the grounded 737 Max planes won't be cleared to fly until 2020. What Happened Boeing's 737 Max planes throughout the world were grounded in March in reaction to two fatal crashes and could remain in this state...

Richard Branson’s Virgin Galactic Flights is set to list its shares on the public market in the near future. Two American self-made billionaires, Jeff Bezos and Elon Musk, are also competing with Branson to make space tourism a reality. Who Will Strike First? Virgin Galactic is a...

Avis Budget Group Inc. (NASDAQ: CAR) shares are up 58.3% year to date, but five unusually large options trades in the past two days suggests at least one trader may believe Avis isn’t quite out of gas just yet. The Trades On Wednesday morning at around 9:19 a.m., Benzinga Pro subscribers were...

This is the first of a two-part series on the history of Colombia and its route to cannabis legalization. Colombia is in an extraordinary position. It possesses the fourth largest economy in Latin America. It is one of the most ethnically, linguistically and culturally diverse nations in the world...

Six Flags Entertainment Corp (NYSE:SIX) is receiving an upgrade on brighter days ahead. The Analyst and Rating Wells Fargo analyst Timothy Conder raised his rating from Market Perform to Outperform and raised his price target from $52 to $56. The Thesis Despite potential volatility around Six Flags...

Boeing Co (NYSE: BA) is selling “large numbers of commercial planes” to Qatar, U.S. President Donald Trump said Tuesday. Trump spoke with reporters while meeting Tuesday at the White House with the Emir of the oil-rich Persian Gulf nation, Sheikh Tamim bin Hamad Al-Thani. Qatar is...

Richard Branson's Virgin Galactic is one step closer to realizing his space-tourism dream as the company is set to list shares on a public exchange. What Happened Branson himself invested most of the more than $1 billion in capital poured into Virgin Galactic since 2004, according to The Wall...

XpresSpa Group (NASDAQ: XSPA), which owns airport spas, said Monday that it has improved its capital structure and strengthened its financial condition through a series of debt and equity transactions. This new round of funding will provide the company with working capital to build five...

The heat is on: Drivers: If you're planning to head through the Southeast today, pack plenty of extra ice and water in your coolers! The heat will dangerously uncomfortable. Temperatures will reach the upper 90s to 100° in many spots from southern Florida to North Carolina. The National Weather...

Airlines in the U.S. and Europe have been bearing the brunt of the grounding of Boeing Co (NYSE: BA)'s 737 MAX jets, which have been parked since March in the wake of two fatal crashes.  The Airlines' Position  More negative reports on Boeing are emerging: on Monday,...

KeyBanc Capital Market's new bullish stance on amusement park company Six Flags Entertainment Corp (NYSE: SIX) is based on expectations for attendance trends to come in better than expected in the second quarter. The Analyst Brett Andress upgraded Six Flags from Sector Weight to Outperform...